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Israeli education system lagging behind rest of the world

The upcoming "Recent Economic Developments (139)", soon to be published by the Bank of Israel, shows a connection between the quality of education and economic growth and also shows Israeli education system to be lagging behind the rest of the advanced world.

Specifically, Israel’s education system is lagging behind other countries’ education system in expenditure per student, class size in primary education, and achievements in international science and mathematics tests, such as the Program for International Student Assessment tests.

Such tests indicate that Israel is lagging behind the OECD median, which translated into a deletion of 0.4 to 0.6 percentage points from the long-term annual growth rate, and about one-fifth to one-quarter from the overall long-term productivity level, according to the report.